ECRM_1170x120_8-1-17

2017 holiday retail sales

Holiday sales wrap-up: In-store holds its own

Holiday sales wrap-up: In-store holds its own

Though online was the star of the strong 2017 holiday retail sales season, the period also brought good news for brick-and-mortar retailers. Consumers did their holiday shopping through a variety of channels, yet still 90% made purchases in a physical store, according to the annual Post-Holiday Shopping Survey from the International Council of Shopping Centers (ICSC). And

Retail holiday sales forecast to grow 4.5%

Retail holiday sales forecast to grow 4.5%

WASHINGTON — FTI Consulting Inc.’s 2017 U.S. Holiday Retail Forecast projects 4.5% growth in discretionary holiday spending, an increase from 3.3% during the 2016 season. The macroeconomic environment entering the 2017 holiday season is the most favorable since the Great Recession of 2008-2009, which will drive the forecasted spending increase, according to FTI Consulting’s Retail

U.S. retail sector on track for healthy sales growth

U.S. retail sector on track for healthy sales growth

NEW YORK — For 2017, the U.S. retail industry stands to turn in solid sales growth, including healthy holiday retail sales, despite continued pressure on operating results, according to Moody’s Investors Service. Moody’s pegs 2017 U.S. retail sales growth at 3% to 4%, upholding its previous outlook. However, the rating agency has lowered its forecast

Deloitte forecasts uptick in holiday retail sales

Deloitte forecasts uptick in holiday retail sales

NEW YORK — Holiday retail sales stand to climb 4% to 4.5% for the 2017 Christmas shopping season, financial consultancy Deloitte projects. Deloitte said Wednesday that its retail and distribution practice pegs overall holiday sales at $1.04 trillion to $1.05 trillion between November and January. The total is seasonally adjusted and excludes motor vehicles and